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Ipswich House Prices Ipswich House Prices

The average house price in Ipswich is £281,437 using HM Land Registry data.

The average property price increased by £45,598 (19.3%) over the last 5 years and increased by £9,136 (3.35%) over the last 12 months.

Over the last year, there were 1,360 residential property sales – a decrease of 472 transactions (-34.71%) relative to the previous year. The majority of house sales (340) were in the £238,000 - £292,000 range. Then came properties in the £184,000 - £238,000 range, where 327 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 154 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,460 (-1%).

In Dec 24, there were 179 new estate agency instructions, 91 agreed home sales and 109 property price reductions.

Neighbouring Areas: Kesgrave

Postcodes Covered: IP1, IP10, IP2, IP3, IP4, IP5, IP8

5-Year Average Property Prices in Ipswich

19.3%

Property prices in Ipswich increased by 19.3% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Ipswich Over the Last Year

3.35%

Property prices in Ipswich increased by 3.35% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Ipswich - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Ipswich

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Ipswich

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Ipswich

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Ipswich since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Ipswich area since 1995.

Recent Property Sales in Ipswich

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
71 Clapgate Lane, Ipswich, Suffolk, IP3 0RA£290,000£288,000-£2,00030 Jan 202422 Nov 2024297 Days
24 Neptune Square, Ipswich, Suffolk, IP4 1QH£290,000£290,000£0001 Mar 202421 Nov 2024265 Days
9 Lulworth Avenue, Ipswich, Suffolk, IP3 8RW£300,000£300,000£0029 Jun 202421 Nov 2024145 Days
25 Sandringham Close, Ipswich, Suffolk, IP2 9DU£350,000£340,000-£10,00015 Jul 202421 Nov 2024129 Days
27 Sherborne Avenue, Ipswich, Suffolk, IP4 3DR£325,000£320,000-£5,00014 Aug 202415 Nov 202493 Days
3 Birkfield Close, Ipswich, Suffolk, IP2 9HD£230,000£230,000£0005 Sep 202415 Nov 202471 Days
52 Churchill Avenue, Ipswich, Suffolk, IP4 5DS£265,000£260,000-£5,00012 Aug 202414 Nov 202494 Days
84 Broomwade Close, Ipswich, Suffolk, IP2 0ED£160,000£158,000-£2,00016 Jul 202414 Nov 2024121 Days
22 Appleby Close, Ipswich, Suffolk, IP2 9XS£275,000£275,000£0020 Feb 202414 Nov 2024268 Days
525 Bramford Lane, Ipswich, Suffolk, IP1 5JD£260,000£250,000-£10,00011 Jun 202414 Nov 2024156 Days
55 Speedwell Road, Ipswich, Suffolk, IP2 0LR£240,000£215,000-£25,00004 Apr 202313 Nov 2024589 Days
189 Fountains Road, Ipswich, Suffolk, IP2 9TJ£400,000£400,000£0014 Aug 202411 Nov 202489 Days
109 Wallace Road, Ipswich, Suffolk, IP1 5DA£200,000£195,000-£5,00018 Jul 202411 Nov 2024116 Days
36 Parade Road, Ipswich, Suffolk, IP4 4BH£180,000£175,000-£5,00009 May 202408 Nov 2024183 Days
279 Nacton Road, Ipswich, Suffolk, IP3 9JW£190,000£190,000£0013 Aug 202408 Nov 202487 Days
281 Nacton Road, Ipswich, Suffolk, IP3 9JW£300,000£285,000-£15,00020 Aug 202408 Nov 202480 Days
6 Lattice Avenue, Ipswich, Suffolk, IP4 5LJ£425,000£390,000-£35,00009 Aug 202407 Nov 202490 Days
19 Humber Doucy Lane, Ipswich, Suffolk, IP4 3NR£400,000£390,000-£10,00024 Jul 202407 Nov 2024106 Days
47 Bixley Drive, Rushmere St Andrew, Ipswich, Suffolk, IP4 5TX£400,000£382,500-£17,50029 Nov 202304 Nov 2024341 Days
30 Brunswick Road, Ipswich, Suffolk, IP4 4BL£170,000£160,000-£10,00030 Aug 202301 Nov 2024429 Days

Most Expensive Streets in Ipswich

PostcodeStreetAreaAverageNo. of Sales
IP4 2UUWesterfield RoadIpswich£903,3333
IP1 3TUPark GateIpswich£881,2504
IP10 0FNThe HolliesStraight Road£871,6653
IP1 6TBHenley RoadIpswich£828,3333
IP4 2UJWesterfield RoadIpswich£824,4064
IP10 0AABucklesham RoadFoxhall£792,5004
IP1 3QRBroughton RoadIpswich£755,0004
IP4 3LTRushmere RoadIpswich£746,6663
IP1 4NQHenley RoadIpswich£745,0003
IP4 2SPTuddenham RoadIpswich£736,6663

Least Expensive Streets in Ipswich

PostcodeStreetAreaAverageNo. of Sales
IP2 8ARLonsdaleBelstead Road£55,0006
IP4 2DLChristchurch StreetIpswich£57,0003
IP1 1LSFranciscan WayIpswich£61,1254
IP2 0UJThe SpectrumDunlop Road£64,6254
IP4 4HNSycamore HouseOakstead Close£65,50014
IP3 8AAFore HamletIpswich£70,8333
IP1 2QXNorwich RoadIpswich£70,90922
IP1 3NFSt Georges StreetIpswich£75,3333
IP4 2DBTudor PlaceIpswich£82,0004
IP4 2DQChristchurch CourtIpswich£83,15010

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